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Vought was unmoved Wednesday by House appropriators' plea for more information about President Donald Trump's budget request.

CFPB grinds to a halt, Dems move on stablecoins

Consumer Financial Protection Bureau acting Director Russ Vought told the agency’s staff to cease all work unless explicitly cleared by leadership, according to an email we reviewed this morning.

CFPB staff didn’t expect to get much work done this week. But Vought’s email today is the clearest sign yet that the Trump administration intends to freeze the bureau in place for as long as it can

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